What is FLEX LNG's Price/Book Ratio?
- FLEX LNG's trailing twelve month (TTM) Price/Book ratio is 1.51.
- FLEX LNG's annual Price/Book ratio as of today is 1.53.
- FLEX LNG's quarterly Price/Book ratio is 1.53.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess FLEX LNG's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 10.50
- Quarterly: 6.83
- TTM: 10.33
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 3.47
- Quarterly: 13.59
- TTM: 3.43
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 6.76
- Quarterly: 23.63
- TTM: 6.66
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: -4.70
- Quarterly: 0.04
- TTM: 0.37
These metrics provide insights into FLEX LNG's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
1.53
Quarterly Price/Book Ratio
1.53
TTM Price/Book Ratio
1.51
FLEX LNG Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
FLEX LNG Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2024 | 1.53 | 10.50 | 3.47 | 6.76 | -4.70 |
| 2023 | 1.84 | 13.00 | 4.21 | 8.92 | -0.36 |
| 2022 | 1.92 | 9.25 | 5.00 | 7.91 | 0.57 |
| 2021 | 1.41 | 7.72 | 3.65 | 5.83 | 0.00 |
| 2020 | 0.57 | 58.40 | 2.88 | 5.30 | -1.13 |
| 2019 | 0.70 | 34.76 | 4.92 | 11.45 | 5.04 |
| 2018 | 0.72 | 50.83 | 7.75 | 16.76 | -0.27 |
| 2017 | 0.95 | -47.59 | 18.12 | -27.95 | -0.33 |
| 2016 | 0.85 | -97.96 | 0.00 | -162.42 | 3.27 |
| 2015 | 0.66 | -55.00 | 0.00 | -48.66 | 11.55 |
Related Metrics
Explore detailed financial metrics and analysis for FLNG.